Real Estate Investing in Tallmansville, West Virginia (26237)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 26237 (Tallmansville, WV)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 37.7% of homes vacant — above national norms.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Tallmansville, WV (26237)?
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Market Analysis: 26237 Tallmansville
Meanwhile, ZIP 26237 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $114K median. It rewards specialists, not generalists.
Looking more closely, the numbers look inviting — $114K purchase price, 0.0% nominal cap — the work to hit that pro forma in 26237 is substantial and deserves full respect.
In the broader WV picture, 26237 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
The 26237 ZIP's population of 556 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that records the need for careful underwriting.
Experienced landlords with local relationships tend to find 26237 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Tallmansville:
Market Trends
Home Value History (with trend line)
📊 How Does 26237 Compare?
| Metric | 26237 | Tallmansville | Elkins, WV | West Virginia |
|---|---|---|---|---|
| Home Value | $113,957 | $113,957 | N/A | $169,372 |
| 5-Year CAGR | 3.0% | 3.0% | N/A | 6.1% |
| Avg Rent | $864 | $864 | N/A | - |
| Cap Rate | 5.9% | 5.9% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 26237 (Tallmansville, WV). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $113,957 |
| Monthly Rent | $864 |
| Price-to-Rent | 11.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 9.1% |
| Cap Rate | 5.9% |
| 5-Year IRR | 8.9% |
📈 Home Appreciation
| 1-Year | +1.0% ▲ |
| 3-Year CAGR | +2.7% ▲ |
| 5-Year CAGR | +3.0% ▲ |
| 10-Year CAGR | N/A |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.9%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 26237
Population: 556
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Nearby Colleges & Universities
Frequently Asked Questions
Is housing expensive in Tallmansville, WV?
Tallmansville, WV median home values land near $114K. That is reasonable territory for investors looking at $864/mo-per-month rentals.
Does house hacking work in Tallmansville, WV?
House hacking works a challenging in Tallmansville, WV. Rents of $864/mo against $114K acquisition make the strategy solid for owner-occupants.
Are there empty rentals in Tallmansville, WV?
Tallmansville, WV sees elevated vacancy, which is reasonable relative to the broader WV rental market.
How much rent can I charge in Tallmansville, WV?
Tallmansville, WV rentals go for roughly $864/mo a month. That puts gross yield in solid territory relative to $114K acquisition costs.
Is rental property easy to operate in Tallmansville, WV?
The landlord environment in Tallmansville, WV is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
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How 26237 ranks in Elkins, WV
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